Progressive Share Brokers Vs RMoney
Progressive Share Brokers
Progressive Share Brokers Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
RMoney
RMoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and it also gives overview on NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Progressive Share Brokers Vs RMoney - Broker Details
| Progressive Share Brokers | RMoney | |
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| Single Margin Facility |
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| Year of Incorporation | 1996 | 2004 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 3 | 300+ |
| Brokerage | 0.04% per order | ₹9/Order |
| Broker Type | Full Service Broker | Full Service Broker |
Progressive Share Brokers Vs RMoney - Account Opening & AMC Charges
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | ₹299( From 2nd year onwards) |
| Trading Account AMC | NA | ₹0 (Free) |
Progressive Share Brokers Vs RMoney - Brokerage charges & Plans
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Futures | 0.04% per order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Delivery | 0.35% per order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Options | ₹35 per lot | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Commodity Options | ₹35 per lot | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Futures | 0.04% per order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Options | ₹15 per lot | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Fixed Charges | 0.04% per order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Intraday | 0.04% per order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Progressive Share Brokers Vs RMoney - Other Charges
| Progressive Share Brokers | RMoney | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹0 (Free) |
| API Charges | Free API | ₹1500/Monthly |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹18/Order |
| Other Brokerage Charges | 0.04% per order | ₹9/Order |
| Minimum Brokerage | 0.04% per order | ₹9/Order |
Progressive Share Brokers Vs RMoney - Transaction Charges
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | NSE ₹5000/Cr (on premium) (0.05%) | BSE ₹7500/Cr (on premium) (0.075%) |
| Equity Futures | NSE: 0.0019% | NSE ₹260/Cr | BSE ₹70/Cr (0.007%) |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) |
| Equity Options | NSE: 0.05% (on premium) | NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%) |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%) |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | NSE ₹180/Cr (0.0018%) | BSE ₹160/Cr (0.0016%) |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) |
Progressive Share Brokers Vs RMoney - Margin (Exposure)
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Progressive Share Brokers Vs RMoney - Features
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Progressive Share Brokers Vs RMoney - Review & Rating
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Progressive Share Brokers Vs RMoney - Request a call back from Broker
| Progressive Share Brokers | RMoney | |
|---|---|---|
Progressive Share Brokers Vs RMoney - Investment Options
| Progressive Share Brokers | RMoney | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Progressive Share Brokers Vs RMoney - Order Type
| Progressive Share Brokers | RMoney | |
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| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Progressive Share Brokers Vs RMoney - Research & Report
| Progressive Share Brokers | RMoney | |
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| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Progressive Share Brokers Vs RMoney - Daily Market Report
| Progressive Share Brokers | RMoney | |
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| Daily Market Reports & News |
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Progressive Share Brokers Vs RMoney - Suitable For Investor
| Progressive Share Brokers | RMoney | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Progressive Share Brokers Vs RMoney - Pros & Cons
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 1.Single platform for all your financial needs. 2. Trade at a low brokerage of Rs.9/- per executed order irrespective of the trade size across segments (Equity, F&O, and Currencies) 3.You can trade at BSE, NSE, MCX, and NCDEX 4.First year Demat AMC is free for all its account holders |
| Cons | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1.RMoney Demat debit transaction charges are ₹12 + gst per script. Most other discount brokers charge flat ₹8 per transaction. 2.Its not provide 3 in 1 account. 3. It charges Annual Maintenance Charge. |
Progressive Share Brokers Vs RMoney - Background
| Progressive Share Brokers | RMoney | |
|---|---|---|
Progressive Share Brokers Vs RMoney - Compare All Brokers
| Progressive Share Brokers | RMoney | |
|---|---|---|
Progressive Share Brokers Vs RMoney - STT/CTT
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the sell side |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Progressive Share Brokers Vs RMoney - Demat transaction charges
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹20 + GST per scrip only on sell |
Progressive Share Brokers Vs RMoney - GST
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Progressive Share Brokers Vs RMoney - SEBI Charges
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs RMoney - Account Opening & AMC Charges
Progressive Share Brokers
RMoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹299( From 2nd year onwards)
Trading Account AMC
NA
₹0 (Free)
Progressive Share Brokers Vs RMoney
| Progressive Share Brokers | RMoney | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
Raghunandan Money (RMoney) Review‘Investment Khushiyon Ka’ is a tagline of Raghunandan Money (RMoney) signifies that customer’s progress and happiness is the top most priority of the company. This is a very diversified broker offers a wide range of investment options to choose. RMoney acts as a mediator between the customer and .. |
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RMoney
RMoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and it also gives overview on NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Progressive Share Brokers Vs RMoney - Brokerage charges & Plans
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Futures | 0.04% per order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Delivery | 0.35% per order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Options | ₹35 per lot | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Commodity Options | ₹35 per lot | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Futures | 0.04% per order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Options | ₹15 per lot | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Fixed Charges | 0.04% per order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Intraday | 0.04% per order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Progressive Share Brokers Vs RMoney - Margin (Exposure)
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Progressive Share Brokers Vs RMoney - Other Charges
| Progressive Share Brokers | RMoney | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹0 (Free) |
| API Charges | Free API | ₹1500/Monthly |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹18/Order |
| Other Brokerage Charges | 0.04% per order | ₹9/Order |
| Minimum Brokerage | 0.04% per order | ₹9/Order |
Progressive Share Brokers Vs RMoney - STT/CTT
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the sell side |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Progressive Share Brokers Vs RMoney - Demat transaction charges
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹20 + GST per scrip only on sell |
Progressive Share Brokers Vs RMoney - GST
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Progressive Share Brokers Vs RMoney - SEBI Charges
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs RMoney - Features
| Progressive Share Brokers | RMoney | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
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| Call & Trade Facility |
|
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| Referral Program |
|
|
| Collateral Margin |
|
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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